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Property profile & analytics
OFF-MARKET Estimated value $550,000
Grocery and convenience stores

339 Manitou Ave Manitou Springs, CO 80829-2537

2,400 SF 0.31 ac lot Built 1965
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US13-0571407
Property profile
Verified
Property type Grocery and convenience stores
Use group CONVENIENCE STORE
Year built 1965
Construction MASONRY/CONCRETE MASONRY UNITS (CMUS)
Total area 2,400 SF
Lot 0.31 ac (13,400 SF)
Zoning code C
APN 7404300002
UPID US13-0571407
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$565k
Comparable Approach Comparable
by Request
Blend (final) Blend
$550k
Owner & transaction history
Pamoist LLC · 8 yrs held
Pamoist LLC
since 2017
2 recorded transactions
2017
$355,000
2011
$119,582
Zoning & alternative use
C · Manitou Springs, CO
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description

Commercial (C) . A. Purpose. The Commercial Zone District is characterized by commercial, office, and multi-unit mixed-use residential uses that are an integral part of the City's ability to provide a diverse range of essential and regionally oriented services, tourism-related businesses , and employment opportunities. This Zone District is primarily located…

Zone name Commercial
General category MIXED_USE
Zone area 156.37 ac
Source code of ordinances
Top alternative use upside
Commercial (general) $815,000 +22.4%
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